Look at the open interest of call options Jan 2015. That represents well more than 10% of the company. The option holder, a big pharma, has already a big stake in ACAD. I tell you guys this thing can explode at any time to the upside once the news hits. The same thing happened in 2008 when Porsche said it controls a large chunk of VW by options. You know what happened? The biggest short squeeze of all times.